Mr. Flores opened an account with a deposit of $5,000.


• The account earned annual simple interest.

• He did not make any additional deposits or withdrawals.

• At the end of 4 years, the balance of the account was $6,500.


What is the annual interest rate on this account?

A. 5.8%

B. 7.5%

C. 3.3%

D. 1.9%

Answers

Answer 1

Answer:

B. 7.5%

Step-by-step explanation:

First, we need the Simple Interest (S.I)

Total = Principal + Simple Interest

T = P + S.I

6500 = 5000 + S.I

[make S.I the subject of the formula]

S.I = 6500 - 5000

S.I = 1500

Simple Interest = (Principal × Rate × Time) / 100

S.I = (P × R × T) / 100

1500 = (5000 × R × 4) / 100

1500 = 20000R / 100

1500 = 200R

[divide both sides of the equation by 200]

1500 / 200 = 200R / 200

R = 1500 / 200

R = 7.5

The annual interest rate is 7.5%


Related Questions

Please help me with this

Answers

Answer:

abcdefghijklmnopqrstuvwxyz

Step-by-step explanation:

know i know my abcs why wont you sing with me

K(–5, –9); rotation 180° about the origin, translation 3 units left

Answers

Answer:

Step-by-step explanation:

Rotate 180 degrees about the origin

X(x,y) ====> X'(-x,-y)

K(-5 , - 9) = K ' (- -5, - - 9)

K' (5,9)

3 Units Left.

y is unchanged.

x becomes x - 3

K'(5,9) ===>k" (5 - 3,9)

k"(2,9)

The leftward motion does not look done the same way as moving a parabola left. But you are just changing the x value to move a point left. You are not imposing other rules on the figure.

need this answered quick, please provide explanation for answer thanks :p

Answers

about 45 weeks. subtract 20.2 from 121.5 and then divide by 2.25

The value of (√5 + √2)2
(A) 7+ 2√5 (B) 1+ 5√2 (C) 7+2√10 (D) 7-2√10

Answers

[tex]▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ { \huge \mathfrak{Answer}}▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ [/tex]

Using identity :

[tex] {(a + b)}^{2} = {a}^{2} + b {}^{2} + 2ab[/tex]

[tex]( \sqrt{5 }{+ \sqrt{2{}^{} } } ) {}^{2} [/tex]

[tex]( \sqrt{5} ) {}^{2} + ( \sqrt{2} ) {}^{2} + 2( \sqrt{5} )( \sqrt{2} )[/tex]

[tex]5 + 2 + 2 \sqrt{10} [/tex]

[tex]7 + 2 \sqrt{10} [/tex]

therefore, the correct choice is :

[tex] \mathrm{C.) \: \: 7 + 2 \sqrt{10} }[/tex]
Solution:

[tex]( \sqrt{5} + \sqrt{2} {)}^{2} \\ [/tex]

[tex]by \: \: \: using \: \: \: the \: \: \: formula \: \: (a + b) ^{2} = {a}^{2} + 2ab \: + {b}^{2} \: \: we \: \: \: get \\ ( \sqrt{5} {)}^{2} + 2( \sqrt{5}) \: (\sqrt{{2)}} + ( \sqrt{2) }^{2} \\ = \sqrt{5} \times \sqrt{5} + 2 \sqrt{5 \times 2} + \sqrt{2} \times \sqrt{2} \\ = 5 + 2 \sqrt{10} + 2 \\ = 7 + 2 \sqrt{10} [/tex][/tex]

Answer:

(C) 7+2√10

plz help i’ll give brainliest

Answers

Answer:

is equivalent

Step-by-step explanation:

Answer:

the first one

Step-by-step explanation:

Maggie has a bank account balance of -18.37 as soon as she realizes this she deposits 24.50 in the account

Answers

Answer:

correct the answer is 6.13

Step-by-step explanation:

The required current balance in Maggie's bank account is 6.13.

Given that,
Maggie has a bank account balance of -18.37 as soon as she realizes this she deposits 24.50 in the account.

What is arithmetic?

In mathematics, it deals with numbers of operations according to the statements. There are four major arithmetic operators, addition, subtraction, multiplication and division,

here,
initial balance in Maggies's bank account = -18.37
She deposited 24.50 in her bank account,
The current balance in her bank account = Initial balance + money deposited
Current = 24.50 - 18.37
Current balance = 6.13

Thus, the required current balance in Maggie's bank account is 6.13.

Learn more about arithmetic here:

https://brainly.com/question/11424589

#SPJ5

find the measures of the angles labeled in the figure on the right

Answers

Answer:

Step-by-step explanation:

EFD = 90* (straight line = 180, and other angle is 90)

EHF = 180-52 = 128* (again straight line)

HFG = 90-32 = 58* (its a right angle (can tell by the square angle) = 90*)

G = 180 - 52 - 58 = 70* (angles in triangle = 180)

E = 180 - 32 - 128 = 20* (angles in triangle = 180)

What is the length of the side of the triangle below?
200 cm
x cm
x cm

Answers

Step-by-step explanation:

options are wrong

this is wrong options

tge answer is underoot 200

Multiply.

(−411)×(0.1)×(−22)

Answers

-411 multiple by 0.1 is just -41.1, is same as divide by 10. -41.1 multiple by -22 would change the negative to positive. So the answer would be 904.2

Answer:

904.2

Step-by-step explanation:

What is the equation of a circle with a center of (2,0) and a radius of 7 units?

Answers

Answer:

y^2 + (x - 2)^2 = 49

Step-by-step explanation:

Giving answer branleist

Answers

Answer: 67/100

Step-by-step explanation: 0.67 is in the hundredths place not the tenths so it cant be 67/99 its 67/100

Cómo se resuelve paso a paso?

2x+3=18

Answers

=>2x+3=18

=>2x=18-3

=>2x=15

=>x=15/2

Solve for a
T
U
4x 10
12x + 151
S

Answers

Answer:

x = 10

Step-by-step explanation:

The exterior angle of a triangle is equal to the sum of the 2 opposite interior angles.

12x + 15 is an exterior angle of the triangle , then

12x + 15 = 4x + 10 + 85 , that is

12x + 15 = 4x + 95 ( subtract 4x from both sides )

8x + 15 = 95 ( subtract 15 from both sides )

8x = 80 ( divide both sides by 8 )

x = 10

Please help asap! Correct answer gets brainliest

Answers

Answer:

C, 35 yellow books

Step-by-step explanation:

There are 10 books in total

if 3 of them is equal to 21, then one book in the picture is worth 7 books

5 yellow books can be seen thus 7x5=35

Answer:

C. 35 yellow books

Step-by-step explanation:

Let u be 1 unit.

3u = 21

u = 21÷3

=7

5u = 7×5

= 35

you have 120 cows and 90% of them are female how many female cows do you have​

Answers

Answer: 108

Step-by-step explanation:

If 90% are female, that means that female = 90% of 120, or 90/100 x 120

90/100 x 120 = 108, meaning that there are 108 female cows.

The money used in Jordan is called the dinar. The exchange rate is $3 to 2 dinars. Find how many dollars you would recieve if you exchanged 22 dinars​

Answers

Answer:

He would have received $33 if he exchanged 22 dinars

Step-by-step explanation:

list 21.3 ib 2064 g 16.7 kg 452 oz from least to greatst

Answers

Answer:

2064 g, 21.3 lb, 452 oz, 16.7 kg

Step-by-step explanation:

Let's change all units to grams to be able to compare the amounts.

21.3 lb * 454 g / lb = 9,670.2 g

2064 g = 2064 g

16.7 kg * 1000 g / kg = 16,700 g

452 oz * 1 lb / 16 oz * 454 g / lb = 12,825.5 g

From least to greatest:

2064 g, 21.3 lb, 452 oz, 16.7 kg

anyone kind enough to help out :/?

I rlly need it​

Answers

What do you need help on. I may be able to help

3,5,8,11,17-35odd,47,54,70,78,80,81 pls help

Answers

Answer:

54, 78, 70, 47, 80, 81,

Step-by-step explanation:

Forty-five people volunteered, but 200% of that number are needed. How
many people are needed?

Answers

45times2=90
That’s the answer

The temperature T of a refrigerator is at least 35°F and at most 41°F. Write a compound

inequality and an absolute value inequality for the temperature of the refrigerator.

Answers

The compound inequality for the temperature T of a refrigerator that is at least 35°F and at most 41°F is 35  ≤  T ≤  41

A compound inequality has two inequality statements joined together

The the temperature of the inequality is represented by T

The temperature T of a refrigerator is at least 35°F and at most 41°F

This means that the temperature falls between 35°F and 41°F

Since the temperature, T, is at most 41°F

This can be mathematically interpreted as

T  ≤  41

The temperature, T, is at least 35°F

35  ≤  T

Combining the two inequality statements 35  ≤  T and T  ≤  41, the compound statement formed is:

35  ≤  T ≤  41

The compound inequality for the temperature T of a refrigerator that is at least 35°F and at most 41°F is 35  ≤  T ≤  41

Learn more here: https://brainly.com/question/11316045

The manager of the commercial mortgage department of a large bank has collected data during the past two years concerning the number of commercial mortgages approved per week. The results from these two years ​(104 ​weeks) are shown to the right.

Answers

The expected number of mortgages approved per week and the standard deviation of the distribution are 2.019 and 0.024 respectively.

The expected number of mortgages approved per week :

Mean = (Σfx ÷ Σf)

Expected Number approved = 210 ÷ 104 = 2.019

Hence, it is expected that 2.019 mortageahes would be approved per week.

The standard deviation :

Variance = [Σ(Xi - x)² ÷ Σf]

Standard deviation = √Variance

Variance = (59.5414 ÷ 104) = 0.0005698

Standard deviation = √0.0005698

Standard deviation = 0.024

Therefore, the expected value and standard deviation are 2.019 and 0.024 respectively.

Learn more :https://brainly.com/question/15528814

simplify the expression 6(a-4+2b)​

Answers

Answer:

6a + 12b - 24

Step-by-step explanation:

Someone help will mark brainiest:) plz make sure it’s right:)

Answers

9514 1404 393

Answer:

  (c)  y = 3x +2

Step-by-step explanation:

The second given point is the y-intercept, telling you that the 'b' in the equation y = mx +b is 2. This eliminates the first and last choices.

Trying the other point in the two remaining equations shows you which one works:

  (b)  y = -3x +2

     -1 = -3(-1) +2 . . . . not true

  (c)  y = 3x +2

     -1 = 3(-1) +2 . . . . true

The equation of the line through the two points is ...

  y = 3x +2

_____

Additional comment

If you plot the two points, you see the line connecting them must have a positive slope. Only the third choice has a positive slope and a y-intercept of 2.

please help me solve for X

Answers

Answer:

-7

Step-by-step explanation:

x+27+90+70=180
x= 180-90-70-27
x= -7

hi, please what's 4/5 - (-1/3) quick! I dont have that much time PLEASE

Answers

Answer:

17/15

Step-by-step explanation:

Solution:

[tex] \frac{4}{5} - ( - \frac{1}{3}) \\ = \frac{4}{5} + \frac{1}{3} \\ = \frac{12 + 5}{15} \\ = \frac{17}{15} \\ = 1 \frac{2}{15} [/tex]

Help please!! i will give brainliest

Answers

Answer:

[tex]for \: - 1 \leqslant x < 1 \: y = - 3 \\ for \: \: 1 \leqslant x < 3 \: \: y = 1 \\ for \: 3 \leqslant x \leqslant 5 \: y = 5[/tex]

You and a friend get food you have $100 the food 60.85 and the tax is $8 and you wanna leave a 20 tip how much money will you have left
over?

Answers

Answer:

11.15$

Step-by-step explanation:

60.85+8+20= 88.85

100-88.85=11.15

Please <3 my Answer B )

A cashier has a total of 98 bills, made up of fives and fifties. The total value of the money is $2605. How much of each kind does he have?
He has ___ fives and ___ fifties.

Answers

Answer:

Step-by-step explanation:

x= number of fives

y= number of fifties

x+y=98

5x+50y=2605

Solving through elimination...

5x+5y=490

(5x+50y)-(5x+5y)=2605-490

45y=2115

y= 47

x+47=98

x=51

Which means he has 51 fives and 47 fifties

identify the slope and the y-intercept. Show your complete solution.
7x - 2y = 13​

Answers

Answer: The slope is 3.5 (or 7/2) and the y-intercept is -6.5 (or -13/2).

Solving Steps:
The equation must be put in slope-intercept form to easily identify the slope and y-intercept.
Slope-intercept form: y = mx + b

7x - 2y = 13
-2y = -7x + 13
y = 3.5x - 6.5
Improper fraction form: y = 7/2x - 13/2
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